Loretta is looking for a well diversified equity fund. Her ideal mutual fund would hold investments within and outside Canada. Although she is seeking growth, Loretta also wants a mutual fund that invests in quality companies. Which of the following mutual funds would be the best choice for Loretta? O Dominion International Growth Fund - this international equity fund invests in small and medium sized companies in countries all around the world. O Polar Global Blue Chip Equity Fund-this global equity fund invests in large, established companies in mostly stable and mature foreign markets. O Lennox Energy Fund - this sector fund invests primarily in Canadian oil and gas companies that sell both to domestic and foreign markets. Auric Precious Metals Fund- - this sector fund invests in Canadian companies that participate in the precious metals sector such as owning mines in foreign countries Which of the following statements applies to the Leverage Risk Disclosure? O It informs the client that all lending activities by the dealer are in compliance with Securities Act legislation. By providing this disclosure to the client, the dealer satisfies their client suitability obligation. Only the firm providing the investment loan is responsible for giving the client the Leverage Risk Disclosure. O Implementing leverage can only occur after the Leverage Risk Disclosure has been provided to the client and approved by the dealer
Loretta is looking for a well diversified equity fund. Her ideal mutual fund would hold investments within and outside Canada. Although she is seeking growth, Loretta also wants a mutual fund that invests in quality companies. Which of the following mutual funds would be the best choice for Loretta? O Dominion International Growth Fund - this international equity fund invests in small and medium sized companies in countries all around the world. O Polar Global Blue Chip Equity Fund-this global equity fund invests in large, established companies in mostly stable and mature foreign markets. O Lennox Energy Fund - this sector fund invests primarily in Canadian oil and gas companies that sell both to domestic and foreign markets. Auric Precious Metals Fund- - this sector fund invests in Canadian companies that participate in the precious metals sector such as owning mines in foreign countries Which of the following statements applies to the Leverage Risk Disclosure? O It informs the client that all lending activities by the dealer are in compliance with Securities Act legislation. By providing this disclosure to the client, the dealer satisfies their client suitability obligation. Only the firm providing the investment loan is responsible for giving the client the Leverage Risk Disclosure. O Implementing leverage can only occur after the Leverage Risk Disclosure has been provided to the client and approved by the dealer
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Loretta is looking for a well diversified equity fund. Her ideal mutual fund would hold investments within and outside Canada. Although
she is seeking growth, Loretta also wants a mutual fund that invests in quality companies.
Which of the following mutual funds would be the best choice for Loretta?
O Dominion International Growth Fund - this international equity fund invests in small and medium sized companies in countries all
around the world.
O Polar Global Blue Chip Equity Fund-this global equity fund invests in large, established companies in mostly stable and mature
foreign markets.
O Lennox Energy Fund - this sector fund invests primarily in Canadian oil and gas companies that sell both to domestic and foreign
markets.
Auric Precious Metals Fund- - this sector fund invests in Canadian companies that participate in the precious metals sector such
as owning mines in foreign countries
Transcribed Image Text:Which of the following statements applies to the Leverage Risk Disclosure?
O It informs the client that all lending activities by the dealer are in compliance with Securities Act legislation.
By providing this disclosure to the client, the dealer satisfies their client suitability obligation.
Only the firm providing the investment loan is responsible for giving the client the Leverage Risk Disclosure.
O Implementing leverage can only occur after the Leverage Risk Disclosure has been provided to the client and approved by the
dealer
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